Oct 29, 2001, 12:01 AM
News Code: 9033249
0 Persons
law investment foreign to amendments passes Majlis Monday on session open its in Majlis -- IRNA 29, Oct Tehran, investment, for support and of attraction on bill the re-examined Guardians the by body legislative the to back referred already .law the to amendments passed and ,(GC) Council singles and nationals foreign by investment allows law revised The make to allowed group the from abroad residing Iranians out .investment or cash in either be could capital foreign law new the Under entrepreneur foreign by sector non-government the to presented kind, .facility financial or capital as fields the in investment foreign direct welcomes law revised The where services, and development minerals, agriculture, industry, of .well as active be to allowed is sector non-governmental the be would government by facilities financial the of use Any system banking The .Majlis the of approval the upon possible facilities financial the guarantee to allowed longer no are .sources public of out sector non-government the by offered of transfer reads that law, the of 11 article passed also Majlis other or investors domestic to capital foreign of part or all cabinet of agreement through possible is entrepreneurs foreign .finance and economy of minister the of approval and and inflow acceptance, concerning law the of 12 Article in rate forex the that stipulates capital foreign of outflow as well as capital the of outflow and inflow during both circulation the in computed rate the as same the be would transfer of time at be would rates market open else or network, national country's .(CBI) Iran of Bank Central the of proposal the on valid considered 1955 of law former the nullifies law said the of 25 article The .investment foreign for support and of attraction on BG/RR End